WazirX Business (Revenue) Model | How WazirX makes Money

Shubham March 19, 2021September 17, 2021 0 Comments Revenue Model of WazirX, WazirX Success Story

WazirX is a bitcoin exchange platform that allows users to buy or sell the cryptocurrencies available in the market. All the buying and selling are done on the mobile application. Recently after the boom in the Cryptocurrencies market, many trading platforms will come in which WazirX is one of these.

WazirX was founded in 2017. The founder and CEO of WazirX is Nischal Shetty

Wazir – Crypto “Buy and Sell” Platform – SUCCESSKO

By the End of this article, you’ll know:

WazirX Company Highlights
WazirX – Name, Logo and Tagline
WazirX Mission and Vision
About WazirX
Founder of WazirX
WazirX Business and Revenue Models
Revenue Model of WazirX
WazirX Competitors
How WazirX Earns Money even it’s free?

Table of Contents

WazirX Company Highlights and Statistics (Short Description of CarDekho)

Particular	Information
Startup Name	WazirX
Headquarter	Mumbai, India
Sector	Cryptocurrency, Software
Founders	Nischal Shetty
Founded	2017
Parent Organization	Binance Holdings Limited
Competitors	CoinDCX, Vauld, Coinbase
Website	wazirx.com

WazirX – Name, Logo and Tagline

NAME of the STARTUP – “WazirX”

WazirX is an exchange that will bring anyone who believes in crypto to join the digital cryptocurrency revolution. The world is moving on to this revolution at an unprecedented pace.

WazirX Mission and Vision

At WazirX, their goal is to create a secure crypto ecosystem that takes the vision of Digital India forward by transforming the country into a digitally empowered society and knowledge economy.” Additionally, a big percentage of women from Tier-II and Tier-III cities have also joined the crypto bandwagon

About WazirX

WazirX is India’s Most Trusted Bitcoin & Cryptocurrency Exchange. WazirX provides the platform to Buy, Sell, or Trade Bitcoin, Ethereum, Ripple, Litecoin, and more cryptocurrencies in India. WazirX mainly focuses on encouraging users to trade and invest in highly speculative cryptocurrencies available in the market.

In 2019 WazirX was acquired by Binance (Global Cryptocurrencies exchange). The transactions were estimated at 5-10 million dollars as per Economic Times. Binance will start letting users buy and sell crypto with Indian rupees (INR) on the Binance Fiat Gateway

In one Interview Nischal Shetty stated that it was a landmark moment in the Indian cryptocurrency industry, as it was the first time that such a leading global exchange acquired an Indian cryptocurrency startup. This will help to create more resources for the Indian cryptocurrency industry.

About Founder of WazirX – “Nischal Shetty”

Nischal is a software developer turned entrepreneur. He has built Crowdfire – an AI-driven marketing assistant which is being used by over 15 million users and also founded WazirX which is a bitcoin exchange platform that allows users to buy or sell the cryptocurrencies available in the market. He founded 4 different organizations.

To Know More – Nischal Shetty Profession, Startup, Wiki/Biography and More

WazirX Business (Revenue) Model

Bitcoin is the most famous and first cryptocurrency that is favored inferable from various things such as quality, credibility, and practicality highlights. It offers different advantages of being a decentralized, advanced, and difficult to-forge kind of currency which has prompted industry specialists to name it ‘Digital Currency’.

Wazirx is an Cryptocurrency Exchange, where exchanging (Buying and Selling) of cryptocurrencies takes place.

This exchange goes about as the platform where one can purchase or sell Cryptocurrencies effectively with their national currency. Along with that, recently WazirX launched the NFT marketplace for Indian artists to trade their work.

WazirX is the Binance-owned Indian cryptocurrency exchange that daily trades volume around avg $100 Million which is really huge in numbers.

WazirX has the highest trading volume than any cryptocurrency exchange platform in the Indian market. WazirX generates revenue by charging traders small trading fees which vary from 0.15% to 0.2% (taker and maker fees).

It is growing day by day and the application they provide is easy to use.

How to Join WazirX | WazirX Registration Process

It is very easy to register with WazirX and trade the cryptocurrencies

Create an account in just 5 Minutes – Sign up with your email ID and mobile number.

Generate Password and get verify your account with the link which is on the Email.
Add funds to your wallet
Start Investing in Crypto – Buy & Sell a variety of top coins at the best prices

Below is the Joining Link – Register Now

Join Now